Lincoln Electric Holdings Inc (LECO)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Based on the data provided for Lincoln Electric Holdings Inc, the number of days of payables for the years ending December 31, 2020, 2021, 2022, 2023, and 2024 is not available ("— days").
The number of days of payables is a financial ratio that indicates how long a company takes to pay its suppliers or vendors. A lower number of days of payables may suggest that the company is efficiently managing its working capital by taking advantage of credit terms, while a higher number may indicate potential cash flow or liquidity challenges.
Without specific values for the number of days of payables, it is challenging to assess Lincoln Electric's payment practices and relationships with its suppliers over the stated period. Further insight into this ratio would be necessary to evaluate the company's efficiency in managing its payables and its impact on working capital management.
Peer comparison
Dec 31, 2024